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Wizard! Harry Potter star is richest teen

THE growing pains of Harry Potter have their compensations. Daniel Radcliffe, 16, the actor who plays the boy wizard, has become Britain’s richest teenager.

His earnings have outstripped those of singers Charlotte Church and Joss Stone and every under-21 Premiership footballer.

Insiders in the British film industry say he has now signed a deal worth at least £8m to make Harry Potter and the Order of the Phoenix, the fifth film in the series, which is due for release in 2007.

Records at Companies House show that Gilmore Jacobs, a firm set up five years ago by Radcliffe’s parents to manage him but whose ordinary share capital is 100% owned by Daniel, has earned £10m from the first three films.

The next set of accounts, due to be filed next spring, are likely to show another £5m in earnings.